Tuesday, February 10, 2015 7:40:21 AM
http://finance.yahoo.com/news/caretrust-reit-slumps-ctre-tanks-104225833.html" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/caretrust-reit-slumps-ctre-tanks-104225833.html
Did you ask the analyst about JAMN being out of cash and what they might do about that?
What did he think about the really flat sales that JAMN has had in the last year?
The bulls on this board will keep talking about year-over-year growth, but they're ignoring that they were comparing a year where JAMN was growing (2013) to a year where JAMN was standing still (2014). At the beginning of 2013 JAMN was in 500 stores so of course in the beginning of 2014 sales were greater because they were in 5000 stores. Fast forward to Q3 of each year and the increase is only 15%.
JAMN is going to fall short of their $10 million target for this year and I don't think they'll be close to $20 million for the coming year.
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